Philippines Country Report 4

Country Report: Philippines
Paul Handerhan
Chris Frazier
Florida Atlantic University
April 25, 2015

Contents
Executive Summary 5
Institutional Legacy 6
Spanish Colonization 6
World War II and Japanese Occupation (1941-1945) 8
Post World War II 8
Relief Web, UN Office for the Coordination of Humanitarian Affairs, 2013 10
PESTEL Analysis 10
Political 11
Political Structure 11
Political Stability 11
Freedom of Press 12
Freedom of Elections 12
Economic 12
Fiscal policy 12
Monetary policy 13
Economic growth 13
Inflation 14
Labor force and unemployment 14
Sociocultural 15
Demographics 15
Life expectancy 15
Education expenditures 15
Six dimensions of culture 15
Technology 16
Infrastructure 16
Internet usage 16
Quality of Access 17
E-commerce 18
Environment 18
Overfishing 18
Coastal infrastructure development 18
Deforestation 18
Pollution 19
Legal 19
Civil liberties 19
Corporate regulation 20
Labor laws 21
Occupational health and safety 22
Physical Infrastructure 23
Roads 23
Water and Sanitation 23
Telecommunications 23
Top Industries 24
Services 24
 Wholesale and retail, trade of motor vehicles and motorcycles services 24
Industry 24
 Mining and quarrying services 24
 Manufacturing 24
 Electricity, gas, steam and air conditioning supply 24
 Water supply; sewerage, waste management and remediation services 24
 Construction 24
Agriculture 24
Trading Blocs/Free Trade Agreements 28
Overview 28
Purpose 28
According to the ASEAN Economic Community (AEC): 28
Institutional Analysis 29
Product Markets 29
Large Company Presence 29
Foreign Investment 30
Logistics 32
Labor Markets 34
Education 34
Employment and Labor 35
Capital Markets 37
Infrastructure 37
Foreign Investment 38
Assessment of Institutional Voids 38
Conclusions/Recommendations 40
References 40

Figure and Table Contents

Figure 1.0 Magellan 's Voyage around the World, 2004, Zaide 7
Figure 2.0 Philippines: Damaged houses, 2013, OCHA 11
Figure 3.0, PESTEL ANALYSIS 12
Figure 4.0 Post-China 16: Emerging

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